I believe that the answer is yes, but I haven't tried this and thus cannot answer with 100% confidence. Let's go through what we know...
From all this, I conclude that it should be possible. Without actually having a motherboard that supports two (Type M) M.2 slots as well as exposing at least two of the chipset SATA ports, I cannot try this and thus cannot answer with 100% confidence.
Hope this helps,